8 days on market
$589,000
5309 Balfor Dr
Virginia Beach, Virginia 23464
MLS# 10638414 · FAIRFIELD · Virginia Beach VA
Updated 5 days ago · Source: REIN MLS
Est. payment
$3,459/mo
Edit below
Price / sq ft
$245
2,400 sq ft
Days on market
8
New listing
HOA
None
Year built
1974
52 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,400
Garage
Yes
Schools
- ElementaryFairfield Elementary School5/10
- MiddleKempsville Middle School5/10
- 6/10
Info provided by GreatSchools
About this home
Welcome to 5309 Balfor Drive, a move-in ready home featuring beautiful hardwood flooring and a rare opportunity to assume the seller's VA loan at an attractive 2.99% interest rate. This well-maintained home offers spacious living areas, comfortable bedrooms, and thoughtful updates throughout. The kitchen features a 5-burner gas stove, while major improvements include a roof, HVAC system, and kitchen updates completed…
Listed by Shannon Oribello · BHHS RW Towne Realty
VaHome Team property overview
5309 Balfor Drive is a four-bedroom, 2.1-bath home in Virginia Beach built in 1974, offering 2,400 square feet of space, quick access to two Coast Guard installations, and a walkable pocket of parks, groceries, and restaurants right outside the door.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 5309 Balfor Drive apart is the combination of generous square footage — 2,400 feet across four bedrooms — and a location that genuinely delivers on convenience. Two Food Lion locations sit within half a mile, Fairfield Park is a two-minute walk away, and both the USCG Finance Center Chesapeake and USCG Base Portsmouth are reachable in roughly a quarter-hour. For a 1974 build, the footprint is surprisingly roomy.
FAIRFIELD and the Virginia Beach real estate market
Balfor Drive sits in a well-established residential pocket of Virginia Beach, a city that rewards people who want suburban calm without sacrificing access to everyday life. The surrounding streets are lined with mature trees and single-family homes from the same mid-1970s era, giving the area a cohesive, settled character that newer subdivisions rarely match. Neighbors tend to stay put, and that stability shows in how the streets feel — quiet on weekdays, active on weekends. Fairfield Park is literally steps from the front door, and Fairfield Forest adds another green escape just down the road. For anyone curious about what daily life looks like year-round, virginia beach in december is genuinely mild compared to most of the country — winters here are short and rarely severe, which means the parks and outdoor spaces stay usable well past the point where northern cities have packed it in. Virginia Beach sits in the independent-city structure of Virginia, so city services, utilities, and jurisdiction all run through the city itself rather than a surrounding county.
What's nearby
Everyday errands barely require a car. Two separate Food Lion grocery stores are within 0.6 miles, and a Dollar General rounds out the quick-stop options. Coffee is covered by Dunkin' and Starbucks Coffee Company, both within half a mile, with McDonald's also nearby. When you want a proper dinner, Ynot Italian is just 0.5 miles away, and Five Guys is right alongside it for something more casual. Fairfield Park at 0.1 miles is the standout for outdoor time, with Carolanne Park and Fairfield Forest adding variety a little farther out. Fitness options include Burn Boot Camp, ShapeShifters Yoga & Wellness, and Team Aguirre Martial Arts — all within 0.7 miles.
For different buyers
For military families relocating
Coast Guard families will find the commute math genuinely favorable here. USCG Finance Center Chesapeake is about 11 minutes away, and USCG Base Portsmouth is roughly 13 — both without needing to navigate major highway interchanges. Four bedrooms give you room to spread out, and the VA loan program makes a home at this size and vintage very approachable for eligible service members and their families.
For families upgrading
Four bedrooms and 2,400 square feet give a growing family real room to breathe — dedicated spaces for kids, guests, a home office, or all three. The neighborhood itself is the kind of place where kids can walk to Fairfield Park on their own, groceries are never more than a short drive, and the settled, tree-lined streets feel like the upgrade from a starter home that actually sticks. Virginia beach in november through the holiday season stays comfortable enough to keep enjoying the outdoors, which is a genuine lifestyle bonus.
Frequently asked questions
How far is 5309 Balfor Drive from USCG Finance Center Chesapeake?
The drive runs about 11 minutes under normal traffic conditions. It's one of the more convenient Coast Guard commutes in the Virginia Beach area.
Is 5309 Balfor Drive part of an HOA?
The property does not appear to be governed by a mandatory HOA, though buyers should verify current community conditions during due diligence.
What is the flood risk at 5309 Balfor Drive?
Flood zone designation varies and should be confirmed through FEMA maps and a licensed insurance agent — the property's dedicated FloodRisk tile on this page provides current zone information.
How walkable is the Balfor Drive area of Virginia Beach?
Very walkable for a suburban neighborhood — Fairfield Park is 0.1 miles away, two grocery stores are within 0.6 miles, and multiple restaurants and coffee shops are under half a mile. You can handle a lot of daily life on foot or by bike.
What are the nearest parks to 5309 Balfor Drive?
Fairfield Park is the closest at just 0.1 miles, making it an easy walk. Fairfield Forest and Carolanne Park are both within half a mile and offer additional green space options.
Want to see 5309 Balfor Drive in person? Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach well — reach out and let's set something up.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,400
Stories
2
Fireplaces
0
Flooring
Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$589,000
Price / Sq Ft
$245
Annual Taxes
$2,778
Monthly Tax
$232
HOA
None
Tax Rate (effective)
0.47%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 6, 2026 | $589,000 | — |
| Currently listed | — | $589,000 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$3,459/moPrincipal & interest
$3,056
Property tax
$232
Home insurance
$172
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10638414
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$589,000
5309 Balfor DR, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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